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battbot
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May 23, 2014, 09:16:56 PM |
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Miners objection to the coin count reduction is self serving. Investors proposal for the coin reduction is self serving. Miners will be long gone in a few weeks but the investors will be here long term so the investors should be calling the shots...
Did you ever come across the thought that a miner might actually sell and hold? 
Notice that almost all (of the 3-4 people) that are advocating for longer mining + greater total supply, can not speak proper English. They are probably chinese with mining farms/asics.
And no I'm not chinese but I guess you will have much more problems with my language than I have with yours. So what? And I find it funny to discuss with so many greedy and self-satisfied people. Trezi's comment: "Did you ever come across the thought that a miner might actually sell and hold? " You see that (in red, "sell")? He obviously meant "mine and hold." Clearly a Freudian slip. #exposed  |
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saberu
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May 23, 2014, 09:19:09 PM |
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Massive support now at 0.00020. I think we are about to see a parabolic move to 0.0003 and above at breakneck speeds. Unlimited liquidity buying up XC at the 20 buy wall.
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Trezi
Member
 Offline
Activity: 118
Merit: 10
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May 23, 2014, 09:24:46 PM |
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Miners objection to the coin count reduction is self serving. Investors proposal for the coin reduction is self serving. Miners will be long gone in a few weeks but the investors will be here long term so the investors should be calling the shots...
Did you ever come across the thought that a miner might actually sell and hold?
Notice that almost all (of the 3-4 people) that are advocating for longer mining + greater total supply, can not speak proper English. They are probably chinese with mining farms/asics.
And no I'm not chinese but I guess you will have much more problems with my language than I have with yours. So what? And I find it funny to discuss with so many greedy and self-satisfied people. Trezi's comment: "Did you ever come across the thought that a miner might actually sell and hold? " You see that (in red, "sell")? He obviously meant "mine and hold." Clearly a Freudian slip. #exposed No, I meant sell Mr. Bot. I suggest you leave your amateurish psychological analysis aside and get back to topic. |
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veritasBS
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May 23, 2014, 09:32:24 PM |
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Miners objection to the coin count reduction is self serving. Investors proposal for the coin reduction is self serving. Miners will be long gone in a few weeks but the investors will be here long term so the investors should be calling the shots...
Did you ever come across the thought that a miner might actually sell and hold?
Notice that almost all (of the 3-4 people) that are advocating for longer mining + greater total supply, can not speak proper English. They are probably chinese with mining farms/asics.
And no I'm not chinese but I guess you will have much more problems with my language than I have with yours. So what? And I find it funny to discuss with so many greedy and self-satisfied people. Trezi's comment: "Did you ever come across the thought that a miner might actually sell and hold? " You see that (in red, "sell")? He obviously meant "mine and hold." Clearly a Freudian slip. #exposed No, I meant sell Mr. Bot. I suggest you leave your amateurish psychological analysis aside and get back to topic. Move to another coin. We don't like our investment being raped by your graphics cards. |
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Trezi
Member
Offline
Activity: 118
Merit: 10
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May 23, 2014, 09:38:39 PM |
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Move to another coin. We don't like our investment being raped by your graphics cards.
You don't get it - don't you? This is not your coin. And it's not my coin. I hold a share and you probably too. I can do with my coins what I want. I can do with my graphic cards what I want. That's freedom, babe. So calm down and accept other opinions. |
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dow1135
Newbie
Offline
Activity: 43
Merit: 0
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May 23, 2014, 09:44:51 PM |
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If it weren't for our videocards mining this from the start before most people even knew the coin existed, we would not be here. I'm not sure if you guys see what happens to Pow/Pos coins after the PoW is done, but from what I see most are dead or dying except for a few. I am a miner but I hold my coins, to say every miner dumps is wrong, and to say investors don't dump is wrong. If anything is going to change I would say block reduction and longer block times if necessary.
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dasource
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May 23, 2014, 09:49:38 PM |
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Dev, if you want a rich list drop me a PM.
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^ I am with STUPID!
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veritasBS
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May 23, 2014, 09:51:00 PM |
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If it weren't for our videocards mining this from the start before most people even knew the coin existed, we would not be here. I'm not sure if you guys see what happens to Pow/Pos coins after the PoW is done, but from what I see most are dead or dying except for a few. I am a miner but I hold my coins, to say every miner dumps is wrong, and to say investors don't dump is wrong. If anything is going to change I would say block reduction and longer block times if necessary.
Nonsense...the pools all dump xc for btc. You are trying to protect your mining profits on the backs of investors. Whatever...other than a few miners, I believe the community has a singular voice. The PoW should end soon. |
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saberu
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May 23, 2014, 09:54:12 PM |
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If it weren't for our videocards mining this from the start before most people even knew the coin existed, we would not be here. I'm not sure if you guys see what happens to Pow/Pos coins after the PoW is done, but from what I see most are dead or dying except for a few. I am a miner but I hold my coins, to say every miner dumps is wrong, and to say investors don't dump is wrong. If anything is going to change I would say block reduction and longer block times if necessary.
Nonsense...the pools all dump xc for btc. You are trying to protect your mining profits on the backs of investors. Whatever...other than a few miners, I believe the community has a singular voice. The PoW should end soon. Problem is we need miners to secure the blockchain. |
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atcsecure (OP)
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May 23, 2014, 09:56:38 PM |
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A lot of debate for something that was just supposed to be a question, I was hoping for more productive feedback.
This coin was developed as an extended POW, that was stated from the get-go. I'd like to come up with a more productive way to weigh out the pro's and con's of reducing POW.
A hard fork will be required and as it stands now - the anonymous mode (xmode) won't require a hard fork to work. I'm looking for information feedback based on real information this change. There are so many variables at stake. XMODE will require users hold back coins if they are running xnodes, which will reduce supply as well.. its at least a 1000XC if not more for a xnode...
lets build a master list/google doc of pro's & con's.... my current thoughts are that it should not be changed
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Join the revolution - XC - Decentralized Trustless Multi-Node Private Transactions
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atcsecure (OP)
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May 23, 2014, 09:57:29 PM |
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If it weren't for our videocards mining this from the start before most people even knew the coin existed, we would not be here. I'm not sure if you guys see what happens to Pow/Pos coins after the PoW is done, but from what I see most are dead or dying except for a few. I am a miner but I hold my coins, to say every miner dumps is wrong, and to say investors don't dump is wrong. If anything is going to change I would say block reduction and longer block times if necessary.
Nonsense...the pools all dump xc for btc. You are trying to protect your mining profits on the backs of investors. Whatever...other than a few miners, I believe the community has a singular voice. The PoW should end soon. Problem is we need miners to secure the blockchain. No POS secures block chain with POW and after POW ends |
Join the revolution - XC - Decentralized Trustless Multi-Node Private Transactions
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cyberhacker
Legendary
Offline
Activity: 1330
Merit: 1000
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May 23, 2014, 10:03:50 PM |
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i love this  |
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saberu
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May 23, 2014, 10:04:52 PM |
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If it weren't for our videocards mining this from the start before most people even knew the coin existed, we would not be here. I'm not sure if you guys see what happens to Pow/Pos coins after the PoW is done, but from what I see most are dead or dying except for a few. I am a miner but I hold my coins, to say every miner dumps is wrong, and to say investors don't dump is wrong. If anything is going to change I would say block reduction and longer block times if necessary.
Nonsense...the pools all dump xc for btc. You are trying to protect your mining profits on the backs of investors. Whatever...other than a few miners, I believe the community has a singular voice. The PoW should end soon. Problem is we need miners to secure the blockchain. No POS secures block chain with POW and after POW ends That works for me. Also if we keep POS low e.g. only 3% per year we are effectively cutting down supply from 33 million to 5~10 million since POS will be very slow. This will cause prices to rise too. Since im an investor im happy with this system, mining is really unfair I believe since its monopolised by the big mining farms who come in right at launch to switch on 10,000x the average miners mining power and sweep up a million coins. |
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cyberhacker
Legendary
Offline
Activity: 1330
Merit: 1000
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May 23, 2014, 10:12:03 PM |
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reduce the reward and extend the Pow Stage.
total amount in PoW stage is around 7-10 million.
Keep things simple!
+1 now
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dow1135
Newbie
Offline
Activity: 43
Merit: 0
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May 23, 2014, 10:12:40 PM |
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If it weren't for our videocards mining this from the start before most people even knew the coin existed, we would not be here. I'm not sure if you guys see what happens to Pow/Pos coins after the PoW is done, but from what I see most are dead or dying except for a few. I am a miner but I hold my coins, to say every miner dumps is wrong, and to say investors don't dump is wrong. If anything is going to change I would say block reduction and longer block times if necessary.
Nonsense...the pools all dump xc for btc. You are trying to protect your mining profits on the backs of investors. Whatever...other than a few miners, I believe the community has a singular voice. The PoW should end soon. Problem is we need miners to secure the blockchain. No POS secures block chain with POW and after POW ends That works for me. Also if we keep POS low e.g. only 3% per year we are effectively cutting down supply from 33 million to 5~10 million since POS will be very slow. This will cause prices to rise too. Since im an investor im happy with this system, mining is really unfair I believe since its monopolised by the big mining farms who come in right at launch to switch on 10,000x the average miners mining power and sweep up a million coins. Whatever is decided I am standing strong with this coin! I'm not mining it at the moment but I sure am buying it. Keep up the awesome work Dev thats really what matters. |
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mojun7982
Full Member
Offline
Activity: 269
Merit: 100
The Standard Protocol - Solving Inflation
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May 23, 2014, 10:12:46 PM |
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reduce the reward and extend the Pow Stage.
total amount in PoW stage is around 7-10 million.
Keep things simple!
+1 now
+1 |
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veritasBS
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May 23, 2014, 10:13:20 PM |
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If it weren't for our videocards mining this from the start before most people even knew the coin existed, we would not be here. I'm not sure if you guys see what happens to Pow/Pos coins after the PoW is done, but from what I see most are dead or dying except for a few. I am a miner but I hold my coins, to say every miner dumps is wrong, and to say investors don't dump is wrong. If anything is going to change I would say block reduction and longer block times if necessary.
Nonsense...the pools all dump xc for btc. You are trying to protect your mining profits on the backs of investors. Whatever...other than a few miners, I believe the community has a singular voice. The PoW should end soon. Problem is we need miners to secure the blockchain. No POS secures block chain with POW and after POW ends That works for me. Also if we keep POS low e.g. only 3% per year we are effectively cutting down supply from 33 million to 5~10 million since POS will be very slow. This will cause prices to rise too. Since im an investor im happy with this system, mining is really unfair I believe since its monopolised by the big mining farms who come in right at launch to switch on 10,000x the average miners mining power and sweep up a million coins. Exactly. The most fair way to distribute is to have a short PoW and let the market take over. Long PoW will break the backs of investors with continued sell pressure. The coin will die like mint. Honestly, I am here to trade the anon announcement and will be out after if the coin specs don't change. I want this change because i like what i see here and would like to become an investor. |
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mojun7982
Full Member
Offline
Activity: 269
Merit: 100
The Standard Protocol - Solving Inflation
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May 23, 2014, 10:16:14 PM |
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short POW and long POS  |
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saberu
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May 23, 2014, 10:18:44 PM |
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Veritas sounds like you have 10x more coins than me but I love your strategy of short term trading new Polo coins, I would do the same if my investment so small to begin with. I just am relying on blind faith that XC will reach Dark prices.
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saberu
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May 23, 2014, 10:21:55 PM |
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Im not watching 24:7 but I have seen a million coins being bought at 0.0002 on Polo alone, or at least around this price.
Check this out in one trade this guy bought way more coins than I own- 0.00019000 27189.46748881 5.16599882
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